FPI24 TRADE

FPI24 TRADE is a broker registered in the United States, established on 11 December 2020. The firm operates under the domain fpi24trade.com. At this stage, independent public information about the broker is extremely limited, which itself serves as a significant caution for prospective traders.

Given the lack of verifiable details, traders are advised to approach this entity with a high degree of skepticism. The broker's online footprint appears minimal, and its operational history is not well-documented in public sources.

According to FXCanary’s records, FPI24 TRADE holds no regulatory licences from any known financial authority. The absence of oversight is a critical factor for traders to consider, as it means there is no external body ensuring compliance with industry standards or protecting client funds.

The FXCanary Scam Risk Score of 48 out of 100, classified as 'Guarded,' reflects the elevated risk stemming from this regulatory vacuum. Without a licence from a reputable regulator such as the FCA, CySEC, or ASIC, traders lack recourse in the event of disputes or malpractices.

The broker claims to be based in the United States, but its exact physical address and corporate structure are not verifiable through public registries or third-party sources. The lack of transparent background information adds to the overall uncertainty surrounding this entity.

Established in December 2020, FPI24 TRADE has been operational for only a few years. However, without independent reviews or a clear track record, assessing its reliability remains challenging. Traders should prioritize brokers with a demonstrable history and open disclosure.